XRP Price Risks Fall to $2 as Inflow Streak Ends
Ah, the cryptocurrency market. As volatile as your ex’s moods. Over the past week, altcoins have been jumping all over the place like someone on a trampoline. But XRP? Oh, it’s just sitting there, quietly recording a neutral trend. Classic. And now, everyone’s asking, “Will XRP go up? Will it fall off a cliff?!” Honestly, who knows? But we’re here to dive into it anyway.
Marketers are flooding the internet with urgent questions like, “Will XRP go up?” and “When will altcoin season arrive?” Spoiler alert: no one really knows, but let’s pretend we do for the next few minutes. Buckle up for some market sentiments and maybe—just maybe—a Ripple price prediction for this week.
XRP Suffers Outflows While Everyone Else Gets Some Love
XRP’s 80-week streak of positive inflows came to a screeching halt last week. According to CoinShares data, XRP experienced a dramatic outflow of $37.2 million. Ouch. Meanwhile, the rest of the crypto assets are having a party with inflows. Someone needs to send XRP an invite to this shindig.
Digital asset investment products had a spectacular week, pulling in $3.3 billion. That’s a 6-week streak of positive inflows, totaling a whopping $10.5 billion. And just to rub it in, Year-to-Date (YTD) inflows hit a new high of $10.8 billion. Can we all take a moment to appreciate that?
Now, let’s talk about assets under management (AUM), which are at an all-time high of $187.5 billion. Impressive, right? But the USA is still running the show with a weekly inflow of $3.2 billion. Meanwhile, Germany, Australia, and Hong Kong are sending in their inflows, but Swiss investors? They’re like, “We’ll take our gains and leave,” with $16.6 million in outflows.
XRP Price Prediction For This Week
Today, XRP’s price has made a cheeky 2.25% jump, with a trading volume of $2.01 billion. Over the past 30 days, it’s up 6%, suggesting some long-term bullishness. But don’t get too excited—it’s still holding a market cap of $137.03 billion, which, let’s face it, isn’t enough to buy a yacht. But hey, it’s something.
The Moving Average Convergence Divergence (MACD) is just giving us a lovely red histogram, indicating negative vibes on the daily chart. Things are looking a little grim, folks. But wait! The 50-day EMA is holding firm as a support level, and the 200-day EMA has a solid base at $2. That’s right, folks, it’s not all bad news.
Will XRP Ever Rise Back Up?
Hold your horses. If XRP can maintain its support trendline, it might just have a chance to retest its resistance at $2.50. And if the bulls get their act together, we could see a breakout towards the $3 mark this month. Miracles happen, right?
But let’s not get too carried away. If the bears take over, XRP could end up testing its immediate support at $2.25. And if things go south from there, we’re looking at a possible plunge to the dreaded $2 mark. That’s right, the edge of the cliff.
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2025-05-26 20:05